China Merchants Energy Shipping board secretary Kong Kang said at a Sept. 7 earnings briefing that business units face different market conditions and the tanker market’s cyclical strength and persistence are likely to exceed market expectations. He said high Q4 momentum is largely confirmed and that the asset market and medium-to-long-term freight market are already pricing in elevated conditions for 2027 and beyond.

美国能源部长赖特：与伊朗达成核协议可能短期内无法实现，美国仍需采取军事行动应对来自德黑兰的威胁。

Mainland A-share markets closed higher. Shanghai Composite +0.07%, Shenzhen Composite +1.91%, ChiNext Index +3.41%, Beijing Stock Exchange 50 +0.85%, STAR 50 Index +2.42%. Combined turnover on Shanghai and Shenzhen was 1.95 trillion yuan, down 84.6 billion yuan from the prior session. Advance-decline breadth was strong, with over 3,100 stocks rising. Media names led gains, including Longban Media (sixth straight daily limit), China Publishing (two straight limits) and Duzhe Media (limit-up). The CPO-related sector outperformed, with multiple stocks intraday hitting limit-up such as Taijin Xinneng, Xunjiexing, Gongjin Co., Bomin Electronics and Jianqiao Technology; Zhongji Xuchuang, Zhongshi Technology and Hengdong Guang jumped. Non-metallic materials rallied in the afternoon; Changjiang Materials and Kuncai Technology hit limit-up, and Taili Technology briefly hit a 20% limit. Precious metals underperformed, with Hunan Silver, Sichuan Gold and Zhaojin Gold down sharply. Coal-mining names lagged, led by China Coal Energy, Zhengzhou Coal & Electricity and Shanxi Coking Coal.